A West Texas-based entrepreneur with wastewater and natural gas assets positions the region as an ideal location for AI data center development, leveraging abundant cheap power and water infrastructure.
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Billionaire Lim Kok Thay's Genting is developing a major casino resort project in New York including a new hotel and arena as part of a $5.5 billion investment.
A Frasers Property-led consortium led by billionaire Charoen Sirivadhanabhakdi has submitted a top bid of $1.6 billion for a prime Singapore waterfront development site.
Cencosud's Cenco Malls acquired a 51% controlling stake in the Plaza Central shopping center in Bogota, Colombia, for US$125 million; PEI retains the remaining 49%.
Hongkong Land Holdings acquired a 10.8% stake in Suntec Real Estate Investment Trust from ESR Group for S$541 million ($422 million) in cash -- a discount to Suntec's appraised NAV. Suntec REIT's portfolio spans office and retail assets across Singapore's CBD, including one-third stakes in Marina Bay Financial Centre and One Raffles Quay.
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